US-China Trade Agreement Specifies Patent Protection Rules for Drugs

The Phase I trade agreement between the US and China contains several important rules that are important for novel biopharma companies, with China agreeing to new rules for resolving pharmaceutical patent disputes, patent term extension and counterfeit medicines. China will warn patent holders when a generic pharma seeks regulatory approval for generic or biosimilar versions of a patent-protected drug, and to do so while the patent holder has time to respond. The agreement also contains six pages of rules for resolving disputes. The agreement does not, however, specify how long novel drugs will be protected by patents. More details....

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